Summary
Planet Fitness clubs have an average member retention rate of 66 percent, below the 73 percent average for the 5,700 health and fitness facilities that belong to International Health Racquet and Sports Club Association, a trade association in Boston.
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Extract
It's a Planet Fitness World
More than once a week, Planet Fitness executives field calls from private investors looking to buy the Dover-based fitness club chain. But founders Mike and Marc Grondahl and Chris Rondeau aren't ready to cash in on the sweat equity created during the company's 10-year hist...
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